New Entry for Hansen in Dictionary of Economics

January 19, 2016

Article

Esther-Mirjam Sent authored a new entry for The New Palgrave Dicitonary of Economics about the work of Lars Peter Hansen. She identifies five phases to his work: Generalised Method of Moments Estimators (1980-1988); Stochastic discount factor models (1989-95); Econometric evaluation of asset prices (1995-2000); Expansion of empirical analysis of macroeconomics-finance relationship (1995-2000); and Rational agents guarding against model misspecification (2000-present).